National Bank Financial Reaffirms “Outperform” Rating for Alio Gold Inc (ALO)
Separately, ValuEngine upgraded shares of Alio Gold from a “hold” rating to a “buy” rating in a report on Monday, October 2nd.
Shares of Alio Gold (NYSEMKT ALO) traded down 3.80% on Tuesday, reaching $4.05. The company had a trading volume of 157,974 shares. The stock has a market capitalization of $176.88 million and a PE ratio of 3.08. The company has a 50 day moving average price of $4.38 and a 200 day moving average price of $4.42. Alio Gold has a 52-week low of $2.70 and a 52-week high of $6.06.
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Alio Gold Company Profile
Alio Gold Inc, formerly Timmins Gold Corp, is a Canada-based gold producer engaged in the operation, development, exploration and acquisition of resource properties in Mexico through its subsidiaries, Timmins Goldcorp Mexico, SA de C.V. and Molimentales del Noroeste, SA de C.V. (MdN). MdN owns the San Francisco Mine in Sonora, Mexico.
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